ArtGo Holdings Limited provided earnings guidance for the year ended 31 December 2016. The board of directors of the company, based on a preliminary assessment of the consolidated management accounts of the Group for the year ended 31 December 2016, the Group is expected to record a loss attributable to owner of the Company for the year ended 31 December 2016 as compared to a profit of RMB 75,407,000 as recorded for the corresponding period in 2015. Such expected turn from profit to a loss was mainly attributable to a decrease in the Group’s overall gross profit resulting from the reduction of sales of slabs and marble blocks in the year despite the increase sales from trading of commodities.